Prominent Entrepreneur Hussain Sajwani and DAMAC Shaping the Property Investment Industry

Those who know Hussain Sajwani cannot doubt the business mogul’s entrepreneurial prowess. Through sheer commitment, ingenuity, and expertise, the Dubai-based investor has grown his business empire in the Middle East and beyond.Hussain Sajwani was born in 1956 to a watch shop owner in the United Arab Emirates. Working with his father in the shop, he developed an interest in business from an early age. Soon after his graduation from the University of Washington where he earned a Bachelor of Science degree in Business and Industrial Engineering, Sajwani opened his catering business in 1982. The natural born entrepreneur would expand this business over the years to over 200 branches in three regions: the Middle East, Africa, and the CIS.

Later, in 1992, according to arabic.arabianbusiness.com, Hussain Sajwani turned to the investment industry, founding DICO Investments Co. LLC. Through shrewd marketing and visionary administration, Sajwani has led the company to unprecedented success, with the investment currently having over AED 3 billion in assets. In 2002, Hussain Sajwani founded DAMAC Properties. Over the years, the company has grown to become one of the largest and most successful property development companies in the Middle East. DAMAC boasts prestigious development projects in such important global cities as Dubai, Riyadh, London, Beirut and Abu Dhabi. The company provides employment to over 2,000 staff from around the world.

Some of the leading global brands DAMAC has worked with include the Trump Organization, whose owner is Donald Trump. The two firms are collaborating in the development of a golf club designed by legendary golfer Tiger Woods. DAMAC has also done projects with Versace, Paramount Resorts & Hotels, and Bugatti.Hussain Sajwani has interests in many other investments besides DAMAC and DICO. He also sits on several boards including Takaful Company in Abu Dhabi and Majan University in Muscat. Some of his philanthropic interests include supporting the young in their innovative and entrepreneurial ventures.

Reference: https://hussainsajwani.com/ar/business-portfolio/

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